Algorithmic Trading Software Based on Pattern Recognition: Returns up to 10.08% in 7 Days
Algorithmic Trading Software
Algorithmic Trading Software: The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:
- Top 10 Computer Industry stocks for the long position
- Top 10 Computer Industry stocks for the short position
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 7 Days (9/23/24 – 9/30/24)
I Know First Average: 4.24%
The algorithm correctly predicted 8 out of 10 the suggested trades in the Computer Industry Package for this 7 Days forecast. DDD was the top performing prediction with a return of 10.08%. SSYS and INTC followed with returns of 9.63% and 7.42% for the 7 Days period. The package saw an overall yield of 4.24% versus the S&P 500’s return of 1.05% implying a market premium of 3.19%.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.